How Builders Can Prepare For La Nina
24 November, 2022 |
Builders Financials
We’ve all been hearing some pretty crazy stories about the effects La Nina is having on the economy, especially flooding and the consequences of continual ...
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How Does Your Building Company Compare?
25 September, 2022 |
Builders Financials
How does your building company compare to the rest of the industry? Are you adding more or less profit than your competitors? Are you paying yourself a ...
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How To Add A Net Margin To Your Projects Rather Than A Gross Margin
23 September, 2022 |
Builders Financials
A lot of residential builders believe that the best way to price a project is by adding a percentage, or even a dollar figure to the total cost of ...
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How To Calculate The True Break-Even Point For Every Project Before You Quote A Price
13 September, 2022 |
Builders Financials
A common mistake that is made by builders when pricing a larger than normal project is to reduce the margin percentage after looking at the gross profit ...
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The 2 Figures Inside Your Business Plan That Determine The Price You Need To Charge
7 September, 2022 |
Builders Financials
In 2007 I attended an annual conference for a franchised building company. One of the speakers at the conference was a master franchisor from New Zealand ...
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How Much Is A Builder's Margin?
31 August, 2022 |
Builders Financials
How much margin should builders be adding to their projects? 15%, 20%...25%? It’s a question that has both divided and confused the industry since the ...
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The Truth Behind Failed Building Companies
4 August, 2022 |
Builders Financials
We’d always been baffled by the huge amount of bad debt that racked up by building companies that went into receivership. In theory, if they paid their ...
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The 5 Stages Of Decline For A Building Company
22 July, 2022 |
Builders Financials
With 75% of residential building companies operating on net profit margins of less than 3% while dealing with rising construction costs of 25%, it’s no ...
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The Problem With Non-Construction Accountants
20 June, 2022 |
Builders Financials
95% of accountants in Australia do not understand how to prepare financial statements for a construction company… However, it’s not entirely their fault… ...
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Why Large Building Companies Are Failing…While Small Building Companies Are Thriving!
31 May, 2022 |
Builders Financials
The recent building company collapses have shattered the myth that the big companies are stronger and more likely to be in a position to ride out the ...
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